AN ACT relating to retirement systems coordinated under the name Judicial Form Retirement System.
Amend KRS 21.370 to authorize the purchase of the following additional service credit for the judicial retirement system if statutory conditions of purchase are met: up to 4 years service credit as Domestic Relations Commissioner, Master Commissioner, District Court Trial Commissioner, U.S. Govt. service other than military, and up to 5 years air-time, credit may be purchased by transfer of funds from retirement plan, deferred compensation, or rollover of qualified retirement plan; amend KRS 6.515 to authorize the purchase of the following additional service credit for the legislative retirement system if statutory conditions of purchase are met: up to 4 years service credit as Domestic Relations Commissioner, Master Commissioner, District Court Trial Commissioner, U.S. Govt. service other than military service, and up to 5 years air-time, credit may be purchased by transfer of funds from retirement plan, deferred compensation, or rollover of qualified retirement plan.

SCS/AA - Limit application of the Act to the applicable officials in office on the effective date of the Act who are in active contributing status to the applicable retirement plan on the effective date of the Act.